payabl. Partners with ClearBank to Boost UK Payment Services
London-based financial technology provider payabl. has partnered with ClearBank, a UK clearing and embedded banking platform, to expand its payment services and improve security for businesses operating in the country.
The partnership enables payabl. to offer access to all major UK payment schemes, Faster Payments, BACS, and CHAPS, allowing real-time transactions in pounds sterling.
It also incorporates Confirmation of Payee (CoP), a system that helps prevent fraud by verifying recipient details before payments are processed.
Read more: https://fintechnews.ch/london/payabl-clearbank-partnership/76284/
Revolut, Monzo, Zopa, and Starling: Can the UK’s fintech unicorns sustain the boom amid a funding reset?
The UK’s fintech sector in 2025 presents a story of contrasts: while headlines warn of a funding slowdown, the ecosystem’s dynamism, resilience, and global influence remain strong. Fintech unicorns like Revolut, Monzo, Zilch, Zopa Bank and more stand at the heart of this paradox.
These companies have weathered the storm and are redefining financial innovation. Yet as these giants eye IPOs and international expansion, a critical question emerges: can the UK sustain its fintech boom amid shifting investor sentiment, regulatory changes, and technological disruption?
Canadian fintech Keep emerges from stealth with $78m in equity and debt
Canadian fintech Keep, which operates a financial platform designed for small businesses, has emerged from stealth with CAD 108 million (around $78 million) in equity and debt financing.
The funding includes CAD 33 million ($24 million) in equity financing led by Tribe Capital, a CAD 71 million ($51 million) credit facility provided by Treville Capital Group, and a CAD 4 million ($3 million) venture debt line provided by Silicon Valley Bank.
Other Keep backers include Rebel Fund, Liquid2, Cambrian, Assurant Ventures, Upshot, Vera, Data Tech, 305 Ventures, Valyrian, Brainstorm and Collaborative, among others.
UK court finalises £200m Mastercard settlement
In December, Mastercard reached a deal with the man behind the case, Walter Merricks, to settle the years-long litigation, which was brought on behalf of tens of millions of Brits over credit card fees.
However, the litigation funder, Innsworth Advisors, challenged the settlement saying that it undervalued the claim. Initially, the case was estimated to be worth around £10 billion.
Merricks, the former head of the UK Financial Ombudsman Service, filed the suit in 2016, accusing Mastercard of overcharging Brits for credit card interchange fees between 1992 and 2008.
Read more: https://www.finextra.com/newsarticle/46013/uk-court-finalises-200m-mastercard-settlement
Revolut, Monzo, Zopa, and Starling: Can the UK’s fintech unicorns sustain the boom amid a funding reset?
The UK’s fintech sector in 2025 presents a story of contrasts: while headlines warn of a funding slowdown, the ecosystem’s dynamism, resilience, and global influence remain strong. Fintech unicorns like Revolut, Monzo, Zilch, Zopa Bank and more stand at the heart of this paradox.
These companies have weathered the storm and are redefining financial innovation. Yet as these giants eye IPOs and international expansion, a critical question emerges: can the UK sustain its fintech boom amid shifting investor sentiment, regulatory changes, and technological disruption?
Circle launches Circle Payments Network for real-time stablecoin payments
The CPN will be a new blockchain-based system designed to facilitate real-time cross-border payments and settlements using its stablecoin, USDC usdc-0.01%USDC.
The CPN is built to support business-to-business payments, cross-border remittances, enterprise treasury operations, and payroll disbursements. With the launch, Circle aims to modernize the $190 trillion global payments industry, which it describes as fragmented and slow, according to the company.
Current CPN participants include Alfred Pay, Tazapay, Conduit, and RedotPay — companies that operate across Latin America and Asia. Circle says this initial group is helping open USDC payment corridors in regions with high demand for faster and more transparent financial infrastructure.
Read more: https://crypto.news/circle-launches-circle-payments-network-for-real-time-stablecoin-payments/
